Page 215 - Indian Economy

Low interest rate: Incentive and subsidy

Some of the benefit due to a low interest rate policy is not an incentive; it is a subsidy

Statsguru: 7 charts show economic growth of northeast India in past few yrs

Though there was numerical improvement in the situation in terms of violence, economic challenges continue to ail the sunrise states of India

Economic ties with Bangladesh must be strengthened

India exports about US$ 10 billion worth of goods to Bangladesh, which is about 15% of total imports of Bangladesh

No runaway decline in rupee's value, may recover by March: Experts

The rupee closed at 75.78 to a dollar on Friday, an 18-month low

After papad, cheese balls another food item to trigger GST dispute

The petitioner, Savencia Fromage & Dairy Pvt Ltd, argued for its inclusion under cheese which attracts a 12 per cent rate of GST

Centre was sensitive to fiscal deficit: Garg on CAG's bank recap concerns

Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs.

The question of US monetary policy

In contrast to the US, India is in the early stages of its inflation journey

Capital preservation now more important than doubling the money: Marc Faber

The Indian economy can outperform the rest of the world economy, says Faber

IIP continued to recover in Oct; Omicron impact to be less severe: FinMin

Department of Economic Affairs asserts that economic recovery to gain further momentum remaining two quarters of FY22

IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags

The index had risen 4.5 per cent in October last year against 1 per cent in the previous month

India's forex reserves decline $1.783 billion to $635.905 billion

India's foreign exchange reserves declined for the second consecutive week, ending USD 1.783 billion down at USD 635.905 billion for the week ended December 3, RBI data showed on Friday.

Industrial production grows 3.2% in October: Govt data

India's industrial production rose 3.2 per cent in October, according to official data released on Friday. As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 2 per cent in October 2021. In October, the mining output climbed 11.4 per cent, and power generation increased 3.1 per cent. The IIP had grown by 4.5 per cent in October 2020. During April-October this year, the IIP grew 20 per cent against a 17.3 per cent contraction in the same period last year. Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7 per cent. It shrank 57.3 per cent in April 2020 due to a decline in economic activities in the wake of the lockdown imposed to curb the spread of coronavirus infections.

What will it take to sustain the recovery?

A return to a high growth path will not happen on account of market forces alone.

Rupee closes at near 18 month-low, ends at 75.52 to the dollar

The rupee touched 76.92 a dollar in the intraday trade on April 22 last year.

Best of BS Opinion: Death of Gen Rawat, women's equality in India and more

Here is the best of Business Standard's opinion pieces for Thursday

Best of BS Opinion: Labour market distress, fiscal consolidation and more

Here is the best of Business Standard's opinion pieces for Wednesday

RBI monetary policy: MPC goes for normalisation by stealth

It is difficult to predict whether we will see a reverse repo rate hike in February or whether it will be held over until April

RBI monetary policy: Tolerating inflation to give growth a chance

The key message from the December meeting is that monetary policy remains fully geared towards growth

Fitch Ratings cut India's FY22 economic growth forecast to 8.4%

It raised GDP growth projections to 10.3 per cent, from the earlier expected 10 per cent for the next fiscal year (2022-23)

MPC cuts GDP growth projection for Q3, Q4, cites supply crisis and Covid

The economy grew 8.4% in Q2, higher than the MPC's expectations of 7.9%